Historic-Eligible Apartment
For Sale
$3,675,000
231 East Villa Street, Pasadena, CA 91101
Twelve one-bedroom residences with shared outdoor space, laundry facilities, assigned parking, garages, and storage.
Property Size8,502 SF
Lot Size0.44 Acres
Days on Market47
Property Features for 231 East Villa Street
General Information
Standard status
Active
Size
8,502 SF
Lot size
0.44 Acres
Property subtype
Multifamily
Occupancy
92%
Units
Unit Mix
12 x 1BR/1BA
Multifamily Units
12
Additional Details
Road Access
Yes
Amenities
shared yard
laundry room
storage spaces
balconies
porches
Corner Lot, approximately 19,334 square feet
Located a few blocks away from restaurants, shops, and entertainment on Colorado Boulevard
A few blocks away from Old Town Pasadena
Large Shared Yard
Laundry Room
The property is designated historic-eligible by the City of Pasadena. (Buyer to verify)
Building Details
Building Size
8,502 SF
Year Built
1913
Buildings
1
Units
12
Listing Agency:
Encino Office
Listed By:
Gayle Factor · License #License(s): CA: 01066258
(818) 212-2756
Source:
Marcusmillichap
Added: Jul 22
Changed: Aug 29
Last Checked: Sep 6 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office
Investment Insights
Based on property information with market context.
The Villas is a 12-unit apartment building constructed in 1913 at 231 and 239 East Villa Street. The property includes twelve one-bedroom/one-bathroom units, a large shared yard, a laundry room, assigned parking spaces, six garages, and storage spaces. Select residences feature balconies or porches. The lot measures approximately 19,334 square feet.
Positioned at the northeast corner of East Villa Street and North Marengo Avenue in Pasadena, the property is a few blocks from restaurants, shops, and entertainment along Colorado Boulevard, as well as Old Town Pasadena. The City of Pasadena has designated the property historic-eligible, subject to buyer verification.
Positioned at the northeast corner of East Villa Street and North Marengo Avenue in Pasadena, the property is a few blocks from restaurants, shops, and entertainment along Colorado Boulevard, as well as Old Town Pasadena. The City of Pasadena has designated the property historic-eligible, subject to buyer verification.
Key Highlights
- 12‑unit apartment building constructed in 1913
- Twelve one‑bedroom/one‑bathroom units
- Approximately 19,334 square‑foot lot
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,502
Businesses Nearby
Explore this area
Business Placement
Demographics for 91101, CA
20,583
Population
12,400
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
15,833
Density / Sq Mi
$94,180
Median Household Income
$62,458
Median Earnings
$2,282
Median Rent
$687,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve one-bedroom residences with shared outdoor space, laundry facilities, assigned parking, garages, and storage.
Where is this apartment building located?
The property is located at 231 East Villa Street Pasadena, CA.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: 12‑unit apartment building constructed in 1913; Twelve one‑bedroom/one‑bathroom units; Approximately 19,334 square‑foot lot
